The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website

In response to the rising power of electronic word of mouth (eWOM), marketers are gradually placing importance on the effects on their marketing strategies. The main objective of the study is to use both secondary as well as primary data to investigate the relationship and interaction between eWOM a...

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Main Author: Ma, Chiahao
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/22847/
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author Ma, Chiahao
author_facet Ma, Chiahao
author_sort Ma, Chiahao
building Nottingham Research Data Repository
collection Online Access
description In response to the rising power of electronic word of mouth (eWOM), marketers are gradually placing importance on the effects on their marketing strategies. The main objective of the study is to use both secondary as well as primary data to investigate the relationship and interaction between eWOM and online pricing. This study took BizRate UK, a price comparison website, as the database to investigate 100 laptop and digital camera products and conducted interviews with online shoppers and managers from online retailers. After applying the test from both quantitative and qualitative methodologies, the result indicated the positive and negative reviews from online shoppers had an effect on pricing performance. Two types of reviews can be sorted out in a specific way as well. Finally, because the subject covers both quantitative (pricing) and qualitative (eWOM) aspects, future studies which are interested in this area should still apply the two methodologies for more accurate investigation.
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spelling nottingham-228472018-02-15T22:38:44Z https://eprints.nottingham.ac.uk/22847/ The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website Ma, Chiahao In response to the rising power of electronic word of mouth (eWOM), marketers are gradually placing importance on the effects on their marketing strategies. The main objective of the study is to use both secondary as well as primary data to investigate the relationship and interaction between eWOM and online pricing. This study took BizRate UK, a price comparison website, as the database to investigate 100 laptop and digital camera products and conducted interviews with online shoppers and managers from online retailers. After applying the test from both quantitative and qualitative methodologies, the result indicated the positive and negative reviews from online shoppers had an effect on pricing performance. Two types of reviews can be sorted out in a specific way as well. Finally, because the subject covers both quantitative (pricing) and qualitative (eWOM) aspects, future studies which are interested in this area should still apply the two methodologies for more accurate investigation. 2009-09-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22847/1/The_effects_of_eWOM_on_online_pricing_by_Chiahao_Ma.pdf Ma, Chiahao (2009) The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Ma, Chiahao
The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title_full The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title_fullStr The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title_full_unstemmed The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title_short The effect of Word of Mouth (WOM) on online pricing: A case study at BizRate UK website
title_sort effect of word of mouth (wom) on online pricing: a case study at bizrate uk website
url https://eprints.nottingham.ac.uk/22847/